N.D. Admin. Code 43-02-06-03

Current through Supplement No. 392, April, 2024

Section 43-02-06-03 - Annual stored gas information statement

Any person required to submit information, as provided by this chapter, to a royalty owner shall, if gas either wholly or partially owned by a royalty owner is being placed into storage off the leased premises, provide the royalty owner with an annual statement containing the following information:

1. Total corrected volume of gas measured in standard thousand cubic feet (MCF) in storage at the beginning of the calendar year;

2. Total corrected volume of gas measured in thousand cubic feet added each month to storage during the calendar year;

3. Total corrected volume of gas measured in thousand cubic feet removed each month from storage during the calendar year; and

4. Total corrected volume of gas measured in thousand cubic feet in storage at the end of the calendar year.

The information required by this section must be supplied for all royalty owner gas placed into storage after December 31, 1986, and must be mailed to the royalty owner annually no later than March thirty-first immediately following each calendar year covered by the statement.

N.D. Admin Code 43-02-06-03

Effective November 1, 1987; amended effective May 1, 1992.

General Authority: NDCC 38-08-06.3

Law Implemented: NDCC 38-08-06.3